2011 NGN to DJF Historical Review

YEARLY HIGH

1.1968 DJF

YEARLY LOW

1.0830 DJF

YEARLY AVERAGE

1.1408 DJF

2011 NGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 1.1968. Conversely, the yearly low was recorded on October 10, dropping to 1.0830.

This high-to-low spread represents a total annual volatility of 0.1138 DJF. From a start-to-finish perspective, comparing the January average rate of 1.1647 to the December average rate of 1.0969, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1968 was up 0.50% compared to the 2010 peak of 1.1908, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 1,196,815 DJF

2010 Average 1,176,197 DJF

Yearly Trough Low 1,083,023 DJF

Transaction Impact: A difference of 113,791.46 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1742

1.0899

JanuMarcMayJulySeptNove

NGN to DJF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.1503, compared to 1.1313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 1.1503

H2 Avg (Jul–Dec) 1.1313

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0568 DJF (High: 1.1968 / Low: 1.1400). On the other end, February was the most stable month, with a tight range of 0.0133 DJF (High: 1.1668 / Low: 1.1535).

August Spread (Volatile) ±0.0568

February Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0262 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 1.1569) against the same month in 2010 (average: 1.1796), the exchange rate shifted by -0.0227 (-1.92%).

2011 Avg (August) 1.1569

2010 Avg (August) 1.1796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1694	1.1537	1.1647
February	1.1668	1.1535	1.1623
March	1.1582	1.1311	1.1459
April	1.1592	1.1442	1.1493
May	1.1507	1.1272	1.1384
June	1.1672	1.1334	1.1411
July	1.1822	1.1593	1.1672
August	1.1968	1.1400	1.1569
September	1.1485	1.1178	1.1371
October	1.1283	1.0830	1.1109
November	1.1307	1.1018	1.1190
December	1.1026	1.0854	1.0969